Introducing CPG Learning

CPG.org has expanded to provide you with information and resources about financial topics to help you manage your finances and plan for retirement and health and wellness topics to assist you live a healthier life.

Learn about the disability coverage available to employees if they are not able to work.

Introducing CPG Learning

CPG.org has expanded to provide you with information and resources about financial topics to help you manage your finances and plan for retirement and health and wellness topics to assist you live a healthier life.

Take our interactive courses to learn about your pension benefits and move along your roadmap to wellness.

Introducing CPG Learning

CPG.org has expanded to provide you with information and resources about financial topics to help you manage your finances and plan for retirement and health and wellness topics to assist you live a healthier life.

Vesting

…whichever comes first. The account must be in good standing and assessments paid in full.

Returning to Work After an Absence

Employees who leave their jobs maintain their years of vesting service for 30 years, whether they are vested or not at the time they leave.

If they return to work for an employer who participates in the Defined Benefit Plan, they receive credit for all prior service.

Temporary Absence

Is not a termination of service

An employee will continue to be a member of the plan if he or she is temporarily absent because of:

Sickness

Accident

Military service

Authorized leave of absence

He or she continues as a member of the plan unless the employment is terminated.

The Lay Defined Benefit Plan is a qualified plan under Section 401(a) of the Internal Revenue Code, but as a church plan, it is not subject to ERISA. The plan's financial condition is disclosed in the Church Pension Group Annual Report.

The Church Pension Fund, as sponsor of this plan, continues to monitor the funding status closely. Like many defined benefit plans, the Lay Defined Benefit Plan currently is not fully funded. The Church Pension Fund retains the right to amend, terminate or modify the terms of the Lay Defined Benefit Plan, including the employer assessment rate, without notice and for any reason.